OIL REVENUE, NON-OIL REVENUE, AND ECONOMIC GROWTH IN NIGERIA (1981-2019)
📄 Project Abstract
This paper empirically examined the relationship between oil revenue, non-oil revenue and economic growth in Nigeria over the period of 1981 to 2019 employing time series data, Augmented Dickey fuller test, Phillips-Perron test, Johansen Co-integration test and the lag length test, long run estimation dynamics and short run estimation dynamics all representing the estimation techniques. Findings from the analysis reveals that oil revenue has a positive significant effect on economic growth, however, in a special case like Nigeria where the resource theory is evident, it can be said that the government should invest massively in the non-oil sector so as to yield maximum result and boost economic growth. The result conducted also shows that non-oil revenue has a positive significant effect on economic growth. However, government at all levels should invest in both the oil sector and the non-oil sector in order to enhance economic growth thereby validating the Balanced Growth Theories. Th...
🔍 Key Research Areas Covered
- ✅ Literature Review & Theoretical Framework
- ✅ Research Methodology & Data Collection
- ✅ Data Analysis & Statistical Methods
- ✅ Findings & Results Discussion
- ✅ Recommendations & Conclusions
- ✅ References & Bibliography
📚 Complete Project Structure
- Problem Statement & Objectives
- Theoretical Framework & Related Studies
- Data Collection & Analysis Methods
- Findings & Statistical Analysis
- Recommendations & Future Research
- Questionnaires, Data, References
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OIL REVENUE, NON-OIL REVENUE, AND ECONOMIC GROWTH IN NIGERIA (1981-2019)
Full Citation:
TOYON BOLUWATIFE SEWANU. (). OIL REVENUE, NON-OIL REVENUE, AND ECONOMIC GROWTH IN NIGERIA (1981-2019). African and General Studies, 40, 14858.
Citation Formats:
APA
TOYON BOLUWATIFE SEWANU. (). OIL REVENUE, NON-OIL REVENUE, AND ECONOMIC GROWTH IN NIGERIA (1981-2019). African and General Studies, 40, 14858.
MLA
TOYON BOLUWATIFE SEWANU. "OIL REVENUE, NON-OIL REVENUE, AND ECONOMIC GROWTH IN NIGERIA (1981-2019)." African and General Studies, vol. 40, , pp. 14858.
Chicago
TOYON BOLUWATIFE SEWANU. "OIL REVENUE, NON-OIL REVENUE, AND ECONOMIC GROWTH IN NIGERIA (1981-2019)." African and General Studies 40 (): 14858.
Full Citation:
TOYON BOLUWATIFE SEWANU. (). OIL REVENUE, NON-OIL REVENUE, AND ECONOMIC GROWTH IN NIGERIA (1981-2019). African and General Studies, 40, 14858.
Citation Formats:
APA
TOYON BOLUWATIFE SEWANU. (). OIL REVENUE, NON-OIL REVENUE, AND ECONOMIC GROWTH IN NIGERIA (1981-2019). African and General Studies, 40, 14858.
MLA
TOYON BOLUWATIFE SEWANU. "OIL REVENUE, NON-OIL REVENUE, AND ECONOMIC GROWTH IN NIGERIA (1981-2019)." African and General Studies, vol. 40, , pp. 14858.
Chicago
TOYON BOLUWATIFE SEWANU. "OIL REVENUE, NON-OIL REVENUE, AND ECONOMIC GROWTH IN NIGERIA (1981-2019)." African and General Studies 40 (): 14858.
Document Details
| Author | TOYON BOLUWATIFE SEWANU |
|---|---|
| 📁 Field | Economics Project Topics |
| 🏷️ Type | Social Sciences Project Topics |
| Pages | 84 Pages |
| Words | 18896 words |
| 📘 Chapters | 1 to 5 Chapters |